News

DOJ Fires Back at NAR With Court Filing of its Own

The courtroom volley between The National Association of REALTORS® (NAR) and the U.S. Department of Justice (DOJ) wages on. This time, the DOJ claims that it should be allowed to investigate NAR because its antitrust settlement wasn’t formalized. “Contrary to...

Real Estate Webmasters Wins Gold at Muse Creative Awards

Enjoying explosive growth following the launch of its Renaissance website platform earlier this year, Real Estate Webmasters celebrated another victory last month—winning the 2021 Muse Creative Design gold award for its submission, www.carlycarey.com, the website of luxury real estate professional...

Free Webinar Breaks Down How to Enter the Luxury Home Market

It’s no secret that the real estate market has been soaring over the past few years, particularly when it comes to luxury or high-end homes. In fact, according to the National Association of REALTORS® (NAR), the percentage of new homes...

Remodeling Demand Is Strong Despite Material and Labor Shortages

Remodeler’s confidence increased in the third quarter, with the NAHB/Royal Building Products Remodeling Market Index (RMI) posting a reading of 87, according to the National Association of Home Builders (NAHB). The NAHB/Royal Building Products RMI survey asks remodelers to rate...

Mortgage Rates Reach Peak High Since April

The 30-year fixed-rate mortgage (FRM) averaged 3.05%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This marks a peak in rates not seen since April. Mortgage details: – 30-year fixed-rate mortgage averaged 3.05% with an average...

Zillow Stops Buying Houses – What Does This Mean and Will Other iBuyers Follow Suit?

The supply chain challenges that are straining the housing market are having the same effect on iBuying giant Zillow. The real estate platform announced on Oct. 18 that its home-flipping business, Zillow Offers, will be taking a break from signing...

Tim Hur Named AREAA 2022 National President

The Asian Real Estate Association of America (AREAA) has installed its next president. Tim Hur, 37, who is the managing broker and president of Point Honors and Associates, REALTORS®, a boutique real estate firm located in Metro Atlanta, becomes the...

Register: What It Takes to Be a Leader in Today’s Environment

What: Together with RISMedia, Dermot Buffini, CEO of Buffini & Company, will unpack the lessons that have guided President and CEO of CENTURY 21 Judge Fite Company, Jim Fite. This webinar will be moderated by RISMedia’s founder, president and CEO John Featherston—make...

First-Ever Proptech Franchise Opportunity Creates Ancillary Revenue Stream Through Predictive Behavior Platform

There are thousands of real estate data platforms available to practitioners that assist agents and brokers in simplifying workflows, improving transparency, and attracting and retaining new business. Until now, however, there has not been a consumer-facing platform that accomplishes all...

Industry Forecasts Purchase Originations to Increase 9% to Record $1.73 Trillion in 2022

The Mortgage Bankers Association (MBA) recently announced that purchase mortgage originations are expected to grow 9% to a new record of $1.73 trillion in 2022. After an anticipated 14% decline in 2021 to $2.26 trillion, MBA expects refinance originations will...
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